municipal
DefinitionPertaining to city government, as opposed to state or national government. From the point of view of an investor, the municipal government is a very important entity since they are large issuers of tax-advantaged bonds. Municipal governments issue bonds (sometimes called "munis") to raise capital for their day-to-day activities, and for specific projects that they might be undertaking (usually pertaining to development of local infrastructure such as roads, hospitals, etc).
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municipal is ...
... part of the Law & Estate Planning subject.
... part of the Law & Estate Planning subject.
Related Terms
Depository Trust Company, housing bond, municipal bond, Nonstock Corporation, participation certificate, preliminary official statement, Series 6, tax anticipation note, tax-exempt bond, Municipal Securities Rulemaking Board
municipal appears in these other terms
Municipal Bond Insurance Association, municipal note, municipal revenue bond, American Municipal Bond Assurance Corporation, municipal investment trust, certificateless municipal bond, municipal bond insurance, municipal bond fund
municipal appears in the definitions of these other terms on BusinessDictionary.com
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